The naira weakened to a 22-week low against the United States dollar on the inter-bank on Tuesday, following strong demand for the greenback that the Central Bank of Nigeria could not meet at its foreign exchange auction the previous day, traders said. The naira eased to N163.68 against the dollar […]
Author: InvestAdvocate
Compulsory leave: Oteh to seek Jonathan’s intervention
The embattled Director-General, Securities and Exchange Commision, Ms Arunma Oteh, is likely to petition President Goodluck Jonathan to reverse the order by the SEC board asking her to proceed on compulsory leave. Our correspondent gathered that Oteh, who is well connected in the Presidency, had vowed not to take the […]
Manu, Ikazoboh to leave NSE Council-SEC Board
By InvestAdvocate Lagos (INVESTADVOCATE)-The Board of Nigeria’s Securities & Exchange Commission (SEC) Monday at its 66th meeting approved the disengagement of Ballama Manu Interim President of Council of the Nigerian Stock exchange (NSE) and Emmanuel Ikazoboh his Deputy from the Council of the NSE. This was contained in a […]
